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>> yes, there is little doubt in washington about the seriousness of the sick jubilation. the problem is withdrawing government demand from the economy too big spending programs, cuts with a smothering effect on the tax hikes will have been very damaging effect on the was economy and by extension the world economy. people know it is serious, but the politics, we know that the house and senate republicans do not want to increase taxes on anybody, so it is very difficult to see how a package can get through congress, certainly in time for the new year. one guess is that they could that the fiscal cliff deadline lapse and then in the new year try to look at it in january to reduce taxes on those people while raising them for the rich, but that is after dropping off. >> we have learned that nancy pelosi is saying that senate leaders will try to craft a fiscal cliff deal. as ben said, they are not giving any details, no specifics, they're not going to, but nancy pelosi said it will try to craft some sort of deal to avoid heading off the edge of the fiscal cliff. >>> the outgoin
>> yes, there is little doubt in washington about the seriousness of the sick jubilation. the problem is withdrawing government demand from the economy too big spending programs, cuts with a smothering effect on the tax hikes will have been very damaging effect on the was economy and by extension the world economy. people know it is serious, but the politics, we know that the house and senate republicans do not want to increase taxes on anybody, so it is very difficult to see how a...
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and there are no quens in washington. in the public sector, there are consequences when you pull a stunt like this. in washington, it's just, hey, whatever. >> you're looking at a live shot of where the president will be speaking in know just about an hour. we'll have live coverage right after this. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. >> this is a live shot at the white house where congressional leaders met with the president about an hour ago. let's head down to d.c. for the latest on the stor
and there are no quens in washington. in the public sector, there are consequences when you pull a stunt like this. in washington, it's just, hey, whatever. >> you're looking at a live shot of where the president will be speaking in know just about an hour. we'll have live coverage right after this. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ]...
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Dec 28, 2012
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>> yes there is little doubt in washington about the seriousness of the sick jubilation. the problem is withdrawing government demand from the economy too big spending programs cuts with a smothering effect on the tax hikes will have been very damaging effect on the was economy and by extension the world economy. people know it is serious, but the politics, we know that the house and senate republicans do not want to increase taxes on anybody, so it is very difficult to see how a package can get through congress, certainly in time for the new year. one guess is that they could that the fiscal cliff deadline lapse and then in the new year try to look at it in january to reduce taxes on those people while raising them form the rich, but that is after dropping off. >> we have learned that nancy pelosi is saying that senate leaders will try to craft a fiscal cliff deal. as ben said, they are not giving any details, no specifics, they're not going to, but nancy pelosi said it will try to craft some sort of deal to avoid heading off the edge of the fiscal cliff. >>> the outgoin
>> yes there is little doubt in washington about the seriousness of the sick jubilation. the problem is withdrawing government demand from the economy too big spending programs cuts with a smothering effect on the tax hikes will have been very damaging effect on the was economy and by extension the world economy. people know it is serious, but the politics, we know that the house and senate republicans do not want to increase taxes on anybody, so it is very difficult to see how a package...
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we'll be right back from washington >> the white house meeting has concluded. congressional leaders are back on capitol hill right now. comments from house minority leader nancy pelosi she believes the meeting with the president and other congressional leaders has moved them forward. she said it was a constructive meeting, candid as well. she also indicated that the president was definitely trying to get the senate leaders to try to move a proposal first. it appears as though house speaker john boehner, as we said before, is waiting for the senate to move on some time of legislation. so it appears that the congressional action now moves over to the senate. this meeting started according to senior administration official with president obama reiterating a proposal that he had put on the table on friday. last friday, calling to keep tax rates where they are for income amount of less than $250,000 a year and to extend long term unemployment insurance benefits. that at least as itself would probably not be something that could pass the house. so negotiations would
we'll be right back from washington >> the white house meeting has concluded. congressional leaders are back on capitol hill right now. comments from house minority leader nancy pelosi she believes the meeting with the president and other congressional leaders has moved them forward. she said it was a constructive meeting, candid as well. she also indicated that the president was definitely trying to get the senate leaders to try to move a proposal first. it appears as though house...
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compromise strategy in washington -- kind of compromise strategy in washington. >> i'm still confident we can beat the clock and deliver on middle class tax cuts. >> reporter: i asked him to give me one word to describe his feelings entering this fiscal cliff shark tank. >> excitement. >> reporter: s this doomsday. >> but i'm confident -- this is doomsday. >> but i'm confident that congress will see the will of the people. >> reporter: he says he's excited about making sure his supporters know he is ready to hit the pavement running. one supporter in particular. >> my own mom at christmas dinner told me do not raise my taxes. she is following just like other americans what's going to happen with the fiscal cliff. >> reporter: representative elect swalwell says his new office in d.c. won't be much bigger, but the responsibilities monumental. his message? >> mom, i'm working for you. i'm receiving your text messages and i'm going to make sure that i stand up for you and the people who i grew up with. >> reporter: swalwell will be the second youngest member of congress when he's sworn in
compromise strategy in washington -- kind of compromise strategy in washington. >> i'm still confident we can beat the clock and deliver on middle class tax cuts. >> reporter: i asked him to give me one word to describe his feelings entering this fiscal cliff shark tank. >> excitement. >> reporter: s this doomsday. >> but i'm confident -- this is doomsday. >> but i'm confident that congress will see the will of the people. >> reporter: he says he's...
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all we need to just suck it up, take the consequences of all of the provely gacy over the years in washington, d.c. when they say cut spending, mean it. >> mean it. >> efficient the fiscal cliff, it should be called the obama cliff and swan dive over it. good idea or bad idea? >> yeah. i think that would be part of accepting all the consequences and letting the chips fall where they need to fall. but i think what the house republicans need to do especially, knowing that they had whatever mandate they did have after the election, house to be the opposition party, to stand for core limited government principles and not sell us down the river. particularly all the small business operators and entrepreneurs trying']jñ to kep their head above water. >> thank you very much. have great weekend. >> you too. >>> we have senate minority leader mitch mcconnell existing the meeting now. we're going to keep our eye out and hopefully one of these guys comes to a camera. in the watch it. former president george bush bush remains in intensive care but good news regarding his condition. we'll have the lates
all we need to just suck it up, take the consequences of all of the provely gacy over the years in washington, d.c. when they say cut spending, mean it. >> mean it. >> efficient the fiscal cliff, it should be called the obama cliff and swan dive over it. good idea or bad idea? >> yeah. i think that would be part of accepting all the consequences and letting the chips fall where they need to fall. but i think what the house republicans need to do especially, knowing that they...
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. >> right now the spending that we have in washington d.c. is affecting this country. >> i hope the speaker and his republican party will be here, democrats, working to finish the task in reaching an agreement to avert the fiscal cliff. >> barrasso said president obama is eager to go over the fiscal cliff. senator barrasso joins us. well, why do you say that? >> well, i think the president sees political victory at the bottom of the cliff in term of the increased tax money coming in that he can spend for other programs. i think he sees a lot the military which the democrats have been after for a long time and then he gets to do what he loves to do, is to blame republicans. my concern is that i actually see financial problems for our nation at the bottom of the cliff and that's why i want to get a solution. >> tomorrow do you think it's going to be the beginning of the emergency meeting at the white house, is it the beginning of a deal or is it a political drama? >> my concern is it may be a political charade by the president and harry reid an
. >> right now the spending that we have in washington d.c. is affecting this country. >> i hope the speaker and his republican party will be here, democrats, working to finish the task in reaching an agreement to avert the fiscal cliff. >> barrasso said president obama is eager to go over the fiscal cliff. senator barrasso joins us. well, why do you say that? >> well, i think the president sees political victory at the bottom of the cliff in term of the increased tax...
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just about the only thing going on in washington here today. if the white house knew that the president was not going to, making a new offer here today, a lot of the speculation that was going on early and mid-afternoon might have not been healthy necessary for the deal-making dynamic here, because a lot of people were speculating that in fact there was a deal, a mini proposal, something coming new from the president, and then we get to the meeting and find out, in fact, no new offer from the president, reiterating what he said last week on friday, so the speculation got well ahead of events here, and that sort of lends to an air of disappointment here in washington and up there on wall street. we still don't know what exactly happened in this meeting so we're waiting to find out. >> obviously the fiscal cliff is the crisis du jour, chad, were you saying you would prefer to use dips as opportunities. where do you think we will be 12 months from now? no doubt there will be another crisis that we're talking about in 12 months time. what it is we
just about the only thing going on in washington here today. if the white house knew that the president was not going to, making a new offer here today, a lot of the speculation that was going on early and mid-afternoon might have not been healthy necessary for the deal-making dynamic here, because a lot of people were speculating that in fact there was a deal, a mini proposal, something coming new from the president, and then we get to the meeting and find out, in fact, no new offer from the...
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we're going to go to washington and check in with representative she'll l ly jackson lee. obviously members of congress, you came back in anticipation of reconvening on sunday. i'm wondering if you're hearing anything out of the meeting and if you're hopeful a deal can be reached. >> silence is sometimes golden and i have been drinking my starbucks come together coffee all day long. i'm hoping the president served the leadership while they were at the white house. silence, as i said, may be a good sign. frankly, i believe it's important for the leadership to get back to fellow leaders and members possibly to run by them what i believe was a proposal that the president offered, either come up with by your own proposal or take my plan, which the president has always had a plan. i think it's insulting and outrageous to suggest that the president wasn't ready to go day one. november 6 he came forward with a plan, and that was what the american people said. simply vote on the quarter of a million, extend the unemployment, look at ways you can save through medicare savings that
we're going to go to washington and check in with representative she'll l ly jackson lee. obviously members of congress, you came back in anticipation of reconvening on sunday. i'm wondering if you're hearing anything out of the meeting and if you're hopeful a deal can be reached. >> silence is sometimes golden and i have been drinking my starbucks come together coffee all day long. i'm hoping the president served the leadership while they were at the white house. silence, as i said, may...
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big numbers get thrown around at times like this in washington. as the legendary everett dirksen once said, a billion here a billion there, pretty soon you're talking real money, about you this debate isn't just about the billions here and there. for average families the payroll tax cut that started two years ago is worth around 1000 as year. those families tend to spend that cash because they need it now. republicans say this is one tax cut they hate and the last time it was going to expire, the white house launched a whole campaign about $40 a paycheck. they asked families to send in their stories about what $40 meant to them. well, you know something? $40 a still a lot of cash for the families hit hardest by the great recession. for the wealthy people sitting around the negotiating table in d.c., $40 is just another steak dinner for one. but for many people who voted them into office, it's the cost of groceries for a week of family dinners. let's not forget, they are the ones who still need an economic stimulus, not the families earning more th
big numbers get thrown around at times like this in washington. as the legendary everett dirksen once said, a billion here a billion there, pretty soon you're talking real money, about you this debate isn't just about the billions here and there. for average families the payroll tax cut that started two years ago is worth around 1000 as year. those families tend to spend that cash because they need it now. republicans say this is one tax cut they hate and the last time it was going to expire,...
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thanks, guys. >> there was another surprise coming out of washington today. the unexpected resignation of ep achieve lisa jackson. why is she lng now? is this good news for coal miners, frackers and the keystone pipeline and we're about to get more on that story just ahead. >> don't forget, free market capitalism is the best path to prosperity and not crushing regulations. the kudlow report is coming right back. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. this is how mommy learned... ...and now... you! [ giggles ] ♪ the one and only, cheerios >>> breaking news now. the associated press reporting that retired general norman schwarzkopf one of the heroes of the first gulf war has died in tampa, florida. he w
thanks, guys. >> there was another surprise coming out of washington today. the unexpected resignation of ep achieve lisa jackson. why is she lng now? is this good news for coal miners, frackers and the keystone pipeline and we're about to get more on that story just ahead. >> don't forget, free market capitalism is the best path to prosperity and not crushing regulations. the kudlow report is coming right back. mine was earned off vietnam in 1968. over the south pacific in 1943. i...
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happening now, the uniquely washington version of let's make a deal. we have the latest from the this afternoon's big meeting in the oval office. who's eavesdropping on your e-mail? the government may be. what congress is doing that may have civil libertarians up in arms. >>> and a plea for help describing work conditions and it may be a hoax and dirty international politics. welcome to our viewers around the united states and around the world. wolf blitzer is off today. i'm candy crowley and you're in "the situation room." we begin with the latest fallout from this afternoon's big meeting at the white house. republican and democratic leaders at the house and senate met with president obama to discuss ways to avoid the hundreds of billions of dollars worth of tax increases and spending cuts that hit in just four days. the meeting broke up about 45 minutes ago. cnn radio capitol hill correspondent lisa awaited the leaders' arrival. lisa, let's talk about what we can look for out of this meeting. is there any chance at all to get a deal before the clock
happening now, the uniquely washington version of let's make a deal. we have the latest from the this afternoon's big meeting in the oval office. who's eavesdropping on your e-mail? the government may be. what congress is doing that may have civil libertarians up in arms. >>> and a plea for help describing work conditions and it may be a hoax and dirty international politics. welcome to our viewers around the united states and around the world. wolf blitzer is off today. i'm candy...
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yes, milk cliff in 1929 a farm law was passed that had washington buy milk at inflated prices. if there's not a move to get a new bill, we'll all pay the price. phil is joining us. how much could a gallon go up to? >> well, mandy, you're right. it could go up probably $3 a gallon. it's not just about a milk cliff. while everybody is talking about the fiscal cliff, there's a farm cliff. secretary vilsack has been calling on the industry, calling on the senate and congress for months to avoid this problem because if the farm bill expires, we've got some real issues. >> so what do you think we should do, phil? what's the solution? >> well, bottom line is we've got to get everybody in washington to wake up. the senate passed it. the house ag committee passed it, but, you know, the house has really not allowed the debate to happen so as a result we've got all of this stuff happening and my fear is we're going to get lost. let's not forget, we've seen prices increase over the past two years dramatically, and especially after this summer's drought, prices went up even more. they're go
yes, milk cliff in 1929 a farm law was passed that had washington buy milk at inflated prices. if there's not a move to get a new bill, we'll all pay the price. phil is joining us. how much could a gallon go up to? >> well, mandy, you're right. it could go up probably $3 a gallon. it's not just about a milk cliff. while everybody is talking about the fiscal cliff, there's a farm cliff. secretary vilsack has been calling on the industry, calling on the senate and congress for months to...
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in washington d-c today. 'cate ad-libs" cate ad-lib" 'cate ad-libs" >> your realtime captioner: linda marie macdonald. >>> only four days until the "fiscal cliff" deadline. the meeting today in washington, d.c. >> happy birthday, muni. the group is celebrating 100 years ago in san francisco and giving you a present. >>> remember that umbrella you put away yesterday? you may need it today by this afternoon the chance of light rain. on the roads so far if you are traveling, the morning commute off to a great start across the san mateo bridge. we'll have much more traffic and weather together coming up. >>> good morning, everyone. it's friday, the last week of the year, december 28th. i'm frank mallicoat. >> i'm michelle griego. time now is 6:00. >>> we have some breaking news to start in gloucester county, new jersey. a prisoner apparently opened fire inside the police station there. three officers were wounded. the prisoner was shot and killed. the officers' injuries do not appear to be life-threatening. one o
in washington d-c today. 'cate ad-libs" cate ad-lib" 'cate ad-libs" >> your realtime captioner: linda marie macdonald. >>> only four days until the "fiscal cliff" deadline. the meeting today in washington, d.c. >> happy birthday, muni. the group is celebrating 100 years ago in san francisco and giving you a present. >>> remember that umbrella you put away yesterday? you may need it today by this afternoon the chance of light rain. on the...
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i think it is very interesting that washington, d.c. has all of these things. >> eric lowe watches c-span on comcast. created in 1979, brought to you as a public service by york television providers. >> taking a look at a series of interviews with retiring members. next, a conversation with nebraska democrat ben nelson. in november, he said that he hoped that compromise would not be a four-letter word in the senate. he was part of the gang of four back in 2005. senator nelson will be replaced in january by a republican deb fisher. center view is 40 minutes. >> thank you for spending a half-hour with us to talk about your 12 years in washington. it ended with the reelection of barack obama. if you could think of adjectives, what would they be to describe these seven years? >> interesting. challenging. sometimes totally frustrating. full of opportunities for the country. there were good times during these 12 years, laced together with some that were not so good. 9/11. the anthrax scare. there were also positive things. the election of bar
i think it is very interesting that washington, d.c. has all of these things. >> eric lowe watches c-span on comcast. created in 1979, brought to you as a public service by york television providers. >> taking a look at a series of interviews with retiring members. next, a conversation with nebraska democrat ben nelson. in november, he said that he hoped that compromise would not be a four-letter word in the senate. he was part of the gang of four back in 2005. senator nelson will...
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they had a chance to do it again yesterday at the military bowl in washington, d.c. we got the spartans going up against bowling green. they're in red. san jose's quarterback david fales is number one in the country completion percentage. 3rd quarter spartans are down by one and that's when we got our play of the day. watch! >> fales on third down. he has a first down inside the 5... he's in! what a play by chandler! >> mr. jones for the sidelines with the extra point put san jose on top and the spartans won 29-20. a huge season, 11-2. congratulations to the spartans. >> wow. >>> the mayors of palo alto and madison, wisconsin are putting their pride on the line in the form of a bet over the rose bowl game of course on new year's day. >> those are the two cities where stanford university and the university of wisconsin are located. the loser has to wear the other mayor's team's hat during a city council meeting, fly the winning team's flag for a day, and a tree planting in honor of the winning team. and one of the best parts of the rose bowl of course the rose parade
they had a chance to do it again yesterday at the military bowl in washington, d.c. we got the spartans going up against bowling green. they're in red. san jose's quarterback david fales is number one in the country completion percentage. 3rd quarter spartans are down by one and that's when we got our play of the day. watch! >> fales on third down. he has a first down inside the 5... he's in! what a play by chandler! >> mr. jones for the sidelines with the extra point put san jose...
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let's bring in our washington correspondent for more on this. what can you tell us about the meeting coming up in less than an hour? what will the president talking about with the republican leadership? >> there are only six people who really know what is going on, and what will really happen at the white house, and they will not talk, but i expect them to talk about higher taxes for the wealthy. are the republicans willing to accept that? they will also talk about entitlement spending cuts. are the democrats willing to accept that the government will spend less money? if this is the case, then they might find common ground. one important issue, of course, is going to be the members of the tea party. they are saying compromise is a bad word. of course, it will be difficult for them to find a compromise, to bring them into the boat. >> we had the meeting today. we have the special session on sunday. do you expect a compromise, or are we going over the cliff? >> this is really difficult to predict, but i will look today when they come out of the m
let's bring in our washington correspondent for more on this. what can you tell us about the meeting coming up in less than an hour? what will the president talking about with the republican leadership? >> there are only six people who really know what is going on, and what will really happen at the white house, and they will not talk, but i expect them to talk about higher taxes for the wealthy. are the republicans willing to accept that? they will also talk about entitlement spending...
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knapp,, washington. caller: they can talk all they want, keep talking about problems, but until they get right down and pass a balanced- budget amendment where they have to raise taxes or make cuts to pay for new programs they want, they will never fix this problem. they can tax us until we all have no money yet and they will not be able to pay for their programs without a balanced- budget amendment. host: we have four days in front of the deadline. ec eight picture of senator tom harkin -- you see a picture of senator tom harkin outside the capitol about a half an hour ago. caller: thank you for the call. they need to quit blaming each other, but what bothers me is they keep talking about the entitlements, social security, and medicare, and i am on military retirement. i have never heard them say anything about we will cut our entitlements, to pick all the senators, democrats and republicans, they could care less about us, i think. if they want to cut us, say, 10%, they ought to cut all the senators and
knapp,, washington. caller: they can talk all they want, keep talking about problems, but until they get right down and pass a balanced- budget amendment where they have to raise taxes or make cuts to pay for new programs they want, they will never fix this problem. they can tax us until we all have no money yet and they will not be able to pay for their programs without a balanced- budget amendment. host: we have four days in front of the deadline. ec eight picture of senator tom harkin -- you...
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. >> reporter: well, it is washington. and it is a lot at stake. it is about people's taxes, and, you know, the social safety net in america. it is the difference between democrats and republicans. >> yeah. we're going to talk more about the money now. thank you, jessica yellin. appreciate it. to new york now, joining us rick neuman, chief business correspondent for "u.s. news & world report." i want to ask you about the tax increase if there is no deal and tax rates rise, when would workers begin to see that reflekr reflected in their paychecks? when does the pain start? >> this is not one tax hike. this is about nine different sets of taxes. and the one that would go up right away is the payroll tax. that was cut temporarily in 2 009, cut by two percentage points and will go back up by two percentage points and that would come out of workers' paychecks right off the bat. it would add up to something like $60, $70 a month for the typical worker. we hear about all the tax rates that are going up, that actually wouldn't involve money that is in peop
. >> reporter: well, it is washington. and it is a lot at stake. it is about people's taxes, and, you know, the social safety net in america. it is the difference between democrats and republicans. >> yeah. we're going to talk more about the money now. thank you, jessica yellin. appreciate it. to new york now, joining us rick neuman, chief business correspondent for "u.s. news & world report." i want to ask you about the tax increase if there is no deal and tax rates...
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al jazeera, washington. >> a memorial service is about to be held for civilians killed a year ago in an air strike on the turkish border with iraq. 17 children were among the group of 34 killed by f-16 jets after being spotted crossing the border in unmanned drone footage. 12 months on, him rights watch says there was no accountability of the incident. our reporter on the turkey-iraq border explains why relatives are still waiting for a proper investigation. >> there is some secrecy on the investigations because there is an army investigation and they keep it secret so far. the turkish prime minister made comments to about the incident, but he is not sure to do a clear statement that relieves the people here in this village of the families, and they are all waiting for the final result that comes after the investigations. and they want the authorities to fasten the process and, with a clear result. >> heavy rain continues to fall and parts of sri lanka hit by recent floods. at least 32 people have been killed by high water and landslides. dozens of villages remain submerged, forcing
al jazeera, washington. >> a memorial service is about to be held for civilians killed a year ago in an air strike on the turkish border with iraq. 17 children were among the group of 34 killed by f-16 jets after being spotted crossing the border in unmanned drone footage. 12 months on, him rights watch says there was no accountability of the incident. our reporter on the turkey-iraq border explains why relatives are still waiting for a proper investigation. >> there is some secrecy...
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. >> reporter: here is a measure of how bad things are now in washington. markets rallied on news the house will come back to work on sunday, even though there is no solution ready for lawmakers when they return. and in the senate, which is back at work, republican leader mitch mcconnell warned he would not write a blank check to the white house, though he said he would keep an open mind on anything the president proposes. >> it appears to me the action, if there is any, is now in the senate side and we'll just have to see if we're able, on a bipartisan basis to move forward. >> reporter: senate majority leader harry reid said he too would try to reach agreement. but that was after spending most of the day hammering away at house republicans. reid blamed the current stand off on the inability of house republicans to pass their own plan which would have extended tax breaks for everyone making less than a million dollars a year. >> it's the mother of all debacles. that was brought up in an effort to send us something. he couldn't even pass it among the republ
. >> reporter: here is a measure of how bad things are now in washington. markets rallied on news the house will come back to work on sunday, even though there is no solution ready for lawmakers when they return. and in the senate, which is back at work, republican leader mitch mcconnell warned he would not write a blank check to the white house, though he said he would keep an open mind on anything the president proposes. >> it appears to me the action, if there is any, is now in...
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candy crowley, cnn, washington. >>> taking inventory in a german zoo. we'll take you to pictures that are capturing our attention today. y setting up the news starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive.
candy crowley, cnn, washington. >>> taking inventory in a german zoo. we'll take you to pictures that are capturing our attention today. y setting up the news starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint...
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brianna keilar is live from washington. is anybody optimistic that a deal could be done today around a table? >> i will tell you the optimism is sort of sinking. senate majority leader harry reid said he doesn't see how it can get done by january 1st. we heard from president obama before he left from his vacation that he was optimistic. logistically the white house will tell you it's possible. when you listen to what you're hearing some of these congressional leaders say, there's a lot of posturing laying blame to the other side if we do go over the cliff. take a listen. >> republicans are not about to write a blank check for anything senate democrats put forward because we find ourselves at the edge of the cliff. >> we are here in washington working while the members of the house of representatives are out watching movies, watching their kids play soccer, basketball, doing all kinds of things. they should be here. >> now, house speaker john boehner is saying the senate needs to just take up a house pass bill that has alrea
brianna keilar is live from washington. is anybody optimistic that a deal could be done today around a table? >> i will tell you the optimism is sort of sinking. senate majority leader harry reid said he doesn't see how it can get done by january 1st. we heard from president obama before he left from his vacation that he was optimistic. logistically the white house will tell you it's possible. when you listen to what you're hearing some of these congressional leaders say, there's a lot of...
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i think their expectation that washington will come to an agreement, i think that might be too early. i think this is still a very clear possibility that they could allow the deadline to pass and resolve this sometime in the middle of january. >> well, any red lution would be welcome. the cost as well, but these spending cuts and the tax rises effectively, the end of the tax concession, that's automatic. >> that is automatic yes but there is question where the money can be found if you like to plug the gap. they wouldn't have much impact for a while. but ultimately they would. and the difficulty is not necessarily the fact that the deadline, this deadline, which is some extent of official anyway would be overrun. it's more the uncertainty associated with it. how can you plan if you don't know what the tax rate will be? >> here in europe, one of the banks that caused a huge flurry at the time of its impact -- >> this could be a laymen of europe. we've had the euro in crisis which was sparked by soveren debt, which then destabilized debt. that had much more to do with property debt. thi
i think their expectation that washington will come to an agreement, i think that might be too early. i think this is still a very clear possibility that they could allow the deadline to pass and resolve this sometime in the middle of january. >> well, any red lution would be welcome. the cost as well, but these spending cuts and the tax rises effectively, the end of the tax concession, that's automatic. >> that is automatic yes but there is question where the money can be found if...
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. >> reporter: washington scrambles to avert the fiscal cliff. >> president obama asked congressional leaders to convene at the white house today. >> if the president and lawmakers cannot reach a deal economists warn that could trigger another recession. >> are they going to avoid the fiscal cliff, eric? >> the gulf war general known as stormin' norman has died. gen malnorman shwards cop of dread the coalition that drove saddam hussein's forces out of kuwait. >> the monster storm system finally moved out but some are bracing for another round of snow. >> more than 14,000 longshoremen are planning to strike on sunday the walk-out could affect ports from boston to houston. >>> for the second time this month a man has been pushed to his death in the path of a new york subway train. >> crazy people running the streets. >>> an uninvited guests slithered into a backyard in florida. >> somebody else got the shower on the sideline. >> jamal crawford who i think should be an all-star coming off the bench is dangerous. be still. >> and all that matters. >> hillary clinton plans to go back to wo
. >> reporter: washington scrambles to avert the fiscal cliff. >> president obama asked congressional leaders to convene at the white house today. >> if the president and lawmakers cannot reach a deal economists warn that could trigger another recession. >> are they going to avoid the fiscal cliff, eric? >> the gulf war general known as stormin' norman has died. gen malnorman shwards cop of dread the coalition that drove saddam hussein's forces out of kuwait....
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brianna keilar live from washington. what do we expect to happen today? any new offers from the president or house speaker? >> we don't know. right now, all eyes on the senate to see what senate majority leader harry reid can cobble together to get some republican support. technically, it's still possible to come to an agreement. that said, politically is a different story, and the prospects for coming to a deal are starting to dim. right now, we're hearing a whole lot of the blame game. a lot of public posturing from both sides as they prepare for the possibility of going over the cliff. let's listen to harry reid. >> we are here in washington working while members of the house of representatives are out watching movies and watching their kids play soccer and basketball and doing all kinds of things. they should be here. >> now, the speaker of the house, john boehner, sort of retorting to reid, ali. in a conference call he said the leaders should do more -- or pardon me. less talking and more legislating. he wants the senate to take up a bill that the ho
brianna keilar live from washington. what do we expect to happen today? any new offers from the president or house speaker? >> we don't know. right now, all eyes on the senate to see what senate majority leader harry reid can cobble together to get some republican support. technically, it's still possible to come to an agreement. that said, politically is a different story, and the prospects for coming to a deal are starting to dim. right now, we're hearing a whole lot of the blame game....
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in washington, they were much more relaxed about the visit. among documents, there is frustration that the white house is taking weeks and weeks to reply to the queen's invitation to great britain. the british ambassador notes the president's staff is not well-organized and confusion prevails in the white house. the president had his own concerns. how should he dress for riding with the queen? the answer, whatever the president finds most comfortable. he took their advice. relations with britain's other leading lady were famously warm. prime minister thatcher called the president "ron" he addressed her as "margaret." together, they were political soul mates. >> i think they had a quite congenial, personal connection to each other. although what these documents show is that margaret thatcher wasn't always so full of praise for reagan. >> reporter: britain was at war with argentina, trying to hold on to its islands in the south atlantic. >> the united states came down firmly on our side, and we're very grateful we have been such strong allies. >
in washington, they were much more relaxed about the visit. among documents, there is frustration that the white house is taking weeks and weeks to reply to the queen's invitation to great britain. the british ambassador notes the president's staff is not well-organized and confusion prevails in the white house. the president had his own concerns. how should he dress for riding with the queen? the answer, whatever the president finds most comfortable. he took their advice. relations with...
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new york state senate i have pictures with me and reagan me and john connally other people i was in washington for several years i know what it looks like and i've never seen an election that ended with a thud like the two thousand and twelve presidential election. and so what we're looking at is the repudiates sion of both systems so we believe that we're going to see some really big changes happening in two thousand and thirteen and beyond all right gerald you talked about generation after you saying that the incomes are crashing unemployment in the youth is rising quite substantially at the same time the country is incurring exponential growth in the obligations that it owes its creditors the debt ceiling has been raised the quantitative easing has been raised so isn't this going to end how is this going to end because if the next generation isn't making enough money to substantiate the growth needed to pay off the bonds and the bond growth keeps rising exponentially that seems like at some point there's going to be a huge disconnect your thoughts. well there is going to be disconnected sin
new york state senate i have pictures with me and reagan me and john connally other people i was in washington for several years i know what it looks like and i've never seen an election that ended with a thud like the two thousand and twelve presidential election. and so what we're looking at is the repudiates sion of both systems so we believe that we're going to see some really big changes happening in two thousand and thirteen and beyond all right gerald you talked about generation after...
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i think -- i remember a time when december was quiet in washington, d.c. because congress actually did its job and passed the budget by the beginning of of the fiscal year in october. so there this government by crisis, this budgeting at the last minute is a new thing and it's a real problem. >> warner: explain to us the tea party's view here. last week, when speaker boehner -- when house republicans,-- some of them-- revolted against his attempt they have to plan "b," tax on millionaires, many in the tea party-- at least that i read about and heard-- cheered him, cheered the revolt. why? >> oh, yeah, we did as well. the problem is that you can't get to real tax reform at the end of the day in a crisis and if barack obama-- who's the only man that can stop a massive tax increase on january 1-- wants to do that, there's nothing house republicans can do to stop it. >> warner: with but explain why they were -- i mean, was it just that any deal that raised taxes period -- no compromise was worth that. >> it's hard to compromise when there's not two sets of ide
i think -- i remember a time when december was quiet in washington, d.c. because congress actually did its job and passed the budget by the beginning of of the fiscal year in october. so there this government by crisis, this budgeting at the last minute is a new thing and it's a real problem. >> warner: explain to us the tea party's view here. last week, when speaker boehner -- when house republicans,-- some of them-- revolted against his attempt they have to plan "b," tax on...
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the door closes and the work of washington gets done. what is it really like being a subcommittee chairman when you were chairman of the entire committee? >> i would speak directly of my work as chairman of the defense subcommittee that appropriates all the money for the national defence. one of the first things we did was to recognize with the advice and counsel of people within the military that we were on a pathway to build three different lines of tactical aircraft for the future, and a lot of money would be wasted unless you got a handle on it. the company that was involved was talking about the f-22 and procurement for the first aircraft. when they were talking about going forward, they had not tested whether the wings were ready yet. the whole program will have fallen off a cliff if we had not insisted we go back to the drawing board and do more testing and look again. because of that, the congress being directly involved, saying they may not be right on this one, we were able to move ourselves in the direction and make sure it wo
the door closes and the work of washington gets done. what is it really like being a subcommittee chairman when you were chairman of the entire committee? >> i would speak directly of my work as chairman of the defense subcommittee that appropriates all the money for the national defence. one of the first things we did was to recognize with the advice and counsel of people within the military that we were on a pathway to build three different lines of tactical aircraft for the future, and...
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. >> it was a decision made in washington that he acquiesced. he was challenged by his deputy commander call waller who uttered an expletive and the general said you go argue, and but he signed off on it. >> warner: so who is schwarzkopf leggee and thing will eve the gulf war in terms of the wait u.s. wages war today or the wait military operates? >> well, it was a validation of the all-volunteer military. it showed that a lot of the weapons really do work. >> warner: some of thins credible precision weapons. >> precision wednesday m-1 tanks covering great distance, the strement fighter, cruise mills, all of that. they worked better than i think a lot of people thought they might work. so it ri stored a lot of the the confidence of the military. the united states accomplished one of its primary on jifkts at minimal cost. there were less than 150 killed in action, americans or people without died of their wounds. so that was all for the good. but the war termination was very messy. the eye raiks were allowed to fly helicopters. that was actually
. >> it was a decision made in washington that he acquiesced. he was challenged by his deputy commander call waller who uttered an expletive and the general said you go argue, and but he signed off on it. >> warner: so who is schwarzkopf leggee and thing will eve the gulf war in terms of the wait u.s. wages war today or the wait military operates? >> well, it was a validation of the all-volunteer military. it showed that a lot of the weapons really do work. >> warner:...
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. >> it was a decision made in washington that he acquiesced. he was challenged by his deputy commander call waller who uttered an expletive and the general said you go argue, and but he signed off on it. >> warner: so who is schwarzkopf leggee and thing will eve the gulf war in terms of the wait u.s. wages war today or the wait military operates? >> well, it was a validation of the all-volunteer military. it showed that a lot of the weapons really do work. >> warner: some of thins credible precision weapons. >> precision wednesday m-1 tanks covering great distance, the strement fighter, cruise mills, all of that. they worked better than i think a lot of people thought they might work. so it ri stored a lot of the the confidence of the military. the united states accomplished one of its primary on jifkts at minimal cost. there were less than 150 killed in action americans or people without died of their wounds. so that was all for the good. but the war termination was very messy. the eye raiks were allowed to fly helicopters. that was actually t
. >> it was a decision made in washington that he acquiesced. he was challenged by his deputy commander call waller who uttered an expletive and the general said you go argue, and but he signed off on it. >> warner: so who is schwarzkopf leggee and thing will eve the gulf war in terms of the wait u.s. wages war today or the wait military operates? >> well, it was a validation of the all-volunteer military. it showed that a lot of the weapons really do work. >> warner:...
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joining us from washington is democratic congressmember dennis kucinich. this is his last again congress after serving eight terms. since 1997, dennis kucinich has been a leading progressive voice on capitol hill, into these articles of impeachment against george w. bush, voted against the patriot act, and advocated for ending the war on drugs. dennis kucinich ran for president in 2004 and 2008, down to create a permanent peace. he is former mayor of cleveland, ohio. congressmember, welcome back to "democracy now!" >> thank you. >> your term would be over except you have been called back on sunday, right, to do with the fiscal cliff? >> i have been in washington waiting to see if congress would be called back into session, as it should be. there really is no legitimate reason why the country should be facing serious tax increases for ddle-class and also spending cuts that will further slow down the economy. we have made all of the wrong choices. we should be talking about jobs and more people involved in paying taxes. we should be talking about rebuilding
joining us from washington is democratic congressmember dennis kucinich. this is his last again congress after serving eight terms. since 1997, dennis kucinich has been a leading progressive voice on capitol hill, into these articles of impeachment against george w. bush, voted against the patriot act, and advocated for ending the war on drugs. dennis kucinich ran for president in 2004 and 2008, down to create a permanent peace. he is former mayor of cleveland, ohio. congressmember, welcome...
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washington then had about 30,000 people of them. the majority of the black people in 18 him and >> what led to the first race riots in 1835 and what led did francis scott key play? the almost forgotten chapter in american history monday night at 8:00 eastern on four days of authors through new year's day on book tv. >> general norman scotts commander of the u.s. operations and leader of the desert storm died 78 and the holland of luxury. >> >> american soldiers who got a mission to move the iraqi forces under said, as they move toward saudi arabia. >> the discussion of the feature race and history of the new this is just over one hour. >> thank you for being here. my name is sarah henry and it is my honor to serve as the deputy director and chief curator of the city of new york. by even greater honor to welcome you here this evening to thank our speaker, at daniel sorts for being here. as many of you know, the museum of new york has a wonderful job of investigating and interpret taking the system. it's passed, its presence, and it's
washington then had about 30,000 people of them. the majority of the black people in 18 him and >> what led to the first race riots in 1835 and what led did francis scott key play? the almost forgotten chapter in american history monday night at 8:00 eastern on four days of authors through new year's day on book tv. >> general norman scotts commander of the u.s. operations and leader of the desert storm died 78 and the holland of luxury. >> >> american soldiers who got a...
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>> i think it's going to be all about washington, d.c. i don't think these reports are going to shape markets in any way. it will be interesting to see the housing market report given the strong run that we've seen for the year. it should instill a bit of confidence. the price likely the going to be subdued going into the end of the session. it's all about the fiscal cliff talks. the recent setback that we have. we may have some sort of agreement on sunday, but i don't think markets are holing their breaths. >> just a couple of corporate stories here. bankia shares are down. we're seeing porsche move up 6% the last time i moved. what else is driving markets here in europe today? >> lonmin was an issue. markets looking at that story right now. also, it's one of those stories where with the mining sector, given what's going on in south africa, it goes on to that. overall, it's busy on the corporate front and, again, it's just about the fiscal cliff talks and that's something that we would be looking after in the course of the day. >> we'll
>> i think it's going to be all about washington, d.c. i don't think these reports are going to shape markets in any way. it will be interesting to see the housing market report given the strong run that we've seen for the year. it should instill a bit of confidence. the price likely the going to be subdued going into the end of the session. it's all about the fiscal cliff talks. the recent setback that we have. we may have some sort of agreement on sunday, but i don't think markets are...